By JOHN T. WARD
A prominent space on White Street in Red Bank is available for rent with the planned departure of a furniture and design store.
And stay tuned for some possible changes just down the block at Clearview Cinemas, which is up for sale with the rest of the arthouse chain, according to reports.
Both properties are under the ownership umbrella of Philip J. Bowers & Company, based in Tinton Falls.
At 24 White, Space Interiors is planning to relocate to Deal, having been the sole tenant of the refurbished corner of English Plaza for 14 years, owner Briggi Brandner tells redbankgreen‘s Retail Churn.
“We’re not going out of business, we’re just moving,” Brandner said. She’s already shut down a second store at Pier Village in Long Branch for consolidation at the Deal location, which she said is three times as large as the Red Bank one.
Landlord John Bowers said there’s 2,000 square feet of space with display frontage on two sides. He says Space still has a lease and will remain until he finds a new tenant or the lease runs out. Brandner said that could mean Space sticks around for months more.
Bowers wasn’t aware until we told him that the 49-theater Clearview chain was on the block, as reported recently by Variety and other publications. But he’s not worried about losing the theater as a tenant.
“It’s one of the most successful in the chain, and I would imagine whoever bought it would keep the most successful ones,” he said.